What You Need to Know

  • Scam artists in some states have pretended to be insurance regulators.
  • The Wyoming department notes that its investigators do not take credit information over the phone.
  • The Wyoming department also indicates that it does not want to be paid in gift cards.

Officials at the Wyoming Department of Insurance have an urgent message for insurance agents: Real department representatives are not calling agents and asking for money to resolve licensing problems.

Scam artists in other states are calling agents, brokers and other licensees and pretending to be representative from state insurance departments, Wyoming department officials say in a new notice.

The scam artists “notify the licensee that they are under investigation, that their license may be suspended or revoked, or that an arrest warrant has been issued in the licensee’s name,” officials say.

“If you do receive a call, ask the person calling…

Read full article at www.thinkadvisor.com


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